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Sudan’s Inflation Rate Rises to 72.94% as Anti-Gov’t Protests Grows



Sudan’s inflation rate has risen to 72.94 per cent in December from 68.93 percent in November, state news agency SUNA.

The Central Bureau of Statistics showed that in 2018, an average monthly change in the inflation rate to be 4.94 per cent.

“Economic conditions in Sudan have been challenging since the secession of South Sudan in 2011 and the loss of the bulk of oil production and exports.

“The withdrawal of South Sudan oil has compounded the difficult external environment, including debt arrears, limited access to external financing, U.S. sanctions, and the withdrawal of correspondent bank relations,” SUNA reported.

This comes amid the widespread anti-government protests, triggered by price increases and limits on cash withdrawals in the country.

The protests began over the rising costs of bread and fuel, but have since widened to call for the overthrow of longtime President Omar al-Bashir.

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